Wrap Text
Listing of UBS Actively Managed Certificate linked to the Unum Global Small/Mid Cap Equity Portfolio
UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)
Listing of UBS Actively Managed Certificate linked to the Unum Global
Small/Mid Cap Equity Portfolio.
The JSE Limited has granted UBS AG approval for the listings of UBS Portfolio
Notes (the "Notes") linked to the Unum Global Small/Mid Cap Equity Portfolio
(the "Reference Portfolio").
The Reference Portfolio, whose composition may vary from time to time, is
actively managed by the Reference Portfolio Advisor and represents a notional
investment in the Reference Portfolio Components as described in detail
below.
Background
Unum Capital (Pty) Ltd, is a Pretoria based, boutique financial services
provider that has built a team of multi-asset, multi-market, stock market
experts whose aim is to deliver consistent, profitable financial solutions
to the affluent, retail investment community.
Founded over 20 years ago, their philosophy is an ongoing search for non-
traditional, active, skills based alpha centric return.
Unum Capital has a bias towards quality in their investment strategy, but
also consider growth to be an attribute of quality businesses too. In the
long-term, good businesses have less downside, more upside and, indeed, tend
to grow. From this starting point, Unum Capital are value conscious while
attempting to assure reasonable (global and sector) diversification at
portfolio level. Unum Capital prefer longer-term investments that they can
give ample time to compound across many years after preferably paying a low
valuation for, receiving a high growth rate and, eventually, selling it for
a much higher valuation. Particularly from a geographic and sectoral
perspective, they prefer entrepreneurial developed economies that offer good
sovereign tenure & protection over riskier emerging markets (thus,
duplicating both size risk with sovereign risk) and prefer growing, critical
& defensive industries over shrinking, cyclical ones but consider all
opportunities from a bottom-up perspective where they filter into the
selection.
The portfolio aims to out-perform its benchmark, the MSCI World Small Cap
Index both on a relative and risk adjusted basis.
Investment universe:
UNDERLYING STOCK UNIVERSE: Developed Market (as defined in the most
recent MSCI Global Investable Market Indexes
Methodology) worldwide stocks and shares
listed on the Main Board of the Johannesburg
Stock Exchange.
The Reference Portfolio may also include
stocks which are American Depository
Receipts (ADRs) and Global Depository
Receipts (GDRs), subject to the Issuer’s
ability to access and offer such stocks.
UNDERLYING ETF UNIVERSE: ETFs that are physically replicated, exposed
to Developed Market (as defined in the most
recent MSCI Global Investable Market Indexes
Methodology) worldwide stocks or benchmark
indices as well as ETFs listed on the Main
Board of the Johannesburg Stock Exchange may
be incorporated as ETF Constituents.
Other:
Noteholders should be aware that the Reference Portfolio Advisor is
independent of the Issuer. The performance of the Notes is largely dependent
on the skill and decisions made by the Reference Portfolio Advisor. Decisions
made by the Reference Portfolio Advisor may not always be profitable and
therefore may have a material adverse impact on the value of these Notes.
Moreover, past performance of other products managed by the Reference
Portfolio Advisor does not guarantee future positive performance of these
Notes.
Listing information:
This listing (Series 30) is issued under the Information Memorandum of UBS
AG. Trading will commence on Wednesday, 20 September 2023.
INSTRUMENT NUMBER: 110641
ALPHA CODE: UUGSMC
ISIN: ZAE000325015
ISSUE SIZE (UNITS): 1,000,000
ISSUE PRICE (RAND/UNIT): 100.00
LISTING DATE: 20 September 2023
EXPIRY DATE: 19 September 2028
SECTOR: Specialist Securities
SUB-SECTOR: Actively Managed Certificates
FOREIGN STATUS: This Note is classified as Foreign for purposes
of the South African Reserve Bank Exchange
Control Regulations.
For further information kindly contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/AMC
Johannesburg
19 September 2023
Sponsor: UBS South Africa (Pty) Limited
Date: 19-09-2023 02:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
